COLUMN-Hedge funds focus on relative value as oil prices stagnate: Kemp – Reuters
(John Kemp is a Reuters market analyst. The opinions expressed are his own)
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By John Kemp
LONDON, Aug. 17 (Reuters) – Hedge fund oil trading remained very light last week, with the normal summer recess slowdown compounded by the lack of clear signals on the future direction of the market.
In the absence of strong signals on the general direction of prices, some…